Barbeque-Nation Hospitality has decided to further invest Rs.16.99 crore in the Equity Shares of Red Apple Kitchen Consultancy (Toscano), a Subsidiary of the Company. The Company will acquire 1,261 Equity Shares, having face value of Rs.100/- each, at an issue price of Rs.1,34,776/- per Equity Share.
Consequent to the aforesaid investment, the shareholding of the Company in Toscano will increase by 7.46% to 68.81%.
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